Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations. It involves preparing source documents for all transactions, operations, and other events of a business.
IRS Federal & State Taxes For Every State of the Union
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In actuality, Taxes are in need of attention all of the time. To be "OnTime" and to Understand where your money is going and why. Not to mention "How Much?$"
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In House Audits for Small Business's to Large Corporations. We have the knowledge and expertise to handle the job.
Payroll taxes are taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their employees. By law, some payroll taxes are the responsibility of the employee and others fall on the employer, but almost all economists agree that the true economic incidence of a payroll tax is unaffected by this distinction, and falls largely or entirely on workers in the form of lower wages. Because payroll taxes fall exclusively on wages and not on returns to financial or physical investments, payroll taxes may contribute to underinvestment in human capital such as higher education.[
United States passports are passports issued to citizens and nationals of the United States of America. They are issued exclusively by the United States Department of State. Besides passports (in booklet form), limited use passport cards are issued by the same government agency subject to the same requirements. It is unlawful for U.S. citizens and nationals to enter or exit the United States without a valid U.S. passport or Western Hemisphere Travel Initiative-compliant passport-replacement document,[ though there are many exceptions, waivers are generally granted for U.S. citizens returning without a passport, and the exit requirement is not enforced.
U.S. passport booklets conform with recommended standards (i.e., size, composition, layout, technology) of the International Civil Aviation Organization (ICAO). There are five types of passport booklets; as well, the Department of State has issued only biometric passports as standard since August 2007. United States passports are property of the United States and must be returned to the U.S. government upon demand.
By law, a valid unexpired U.S. passport (or passport card) is conclusive (and not just prima facie) proof of U.S. citizenship, and has the same force and effect as proof of United States citizenship as certificates of naturalization or of citizenship, if issued to a U.S. citizen for the full period allowed by law. U.S. law does not prohibit U.S. citizens from holding passports of other countries, though they are required to use their U.S. passport to enter and leave the United States
What is a USDot Number?
So just what is this USDOT number for trucking we keep hearing about? Also known as a Department of Transportation (DOT) number, this is a number assigned to you by the FMCSA operating authority. All commercial motor vehicles that weigh more than a certain amount or carry specific amounts of paying passengers require DOT numbers. One major thing to consider is that a DOT number is needed no matter if your company operates within a single state or traveling between state lines.
What is an MC number?
Now that we have covered what a DOT number means for your trucking company, now it’s time to jump ahead to what an MC number is. So, an MC number (Motor Carrier number) is a unique identifier assigned by the FMCSA to commercial motor vehicles that transport interstate cargo both inside their state and crossing over state lines as well.
Understanding the Differences Between the Two
If you are still a bit confused on which operating authority is right for you from the federal motor carrier safety administration, or if you need both we will focus on the differences between the two here. As we touched upon in the above definitions, one of the major differences between the two are the need in or outside of the confines of the home state that your company, or for hire carriers operates in. A USDOT number is required both with interstate commerce and intrastate operations within the United States. However if you are only operating within your state lines without crossing any borders, you can usually get away with only having a DOT. On the other hand, an MC number is only needed for interstate operations in which you will be crossing borders from one state to another.
How Do to Know Which One You Need
To know which type of authority you are going to need really depends on the specifics of your trucking company. These specifics will also be listed out for clients and others to access on sites such as SAFER. You will need to factor in the requirements on items such as your gross vehicle weight rating as well as if you are going to operate specifically within your home state or if you will be an interstate carrier such as moving companies or a passenger carrier, in which case you would need to acquire interstate authority.
For more information be sure to check directly with the source such as the motor carrier authority that can be found online at fmcsa.dot.gov as well for additional details. Another great source of information could be your insurance company as they will know the requirements you need to also meet the requirements to be properly insured.
Unified Carrier Registration
The Unified Carrier Registration (UCR) program is a Federally-mandated, annual state-administered registration program for interstate motor carriers. Motor carriers, motor private carriers transporting property, freight forwarders, leasing companies and brokers based in the United States, Canada, Mexico, or any other country that operate in interstate or international commerce in the United States must register under the UCR program, through which, carriers pay UCR fees through their base states on behalf of all participating states. If you are an interstate carrier based in a non- participating state, you still must comply, and a base state will be assigned to you.
The 2019, 2021 & 2022 fee schedules were established by 49 C.F.R. § 367.60 and will remain in full force and effect until December 31, 2022. On August 26, 2021, the UCR Board recommended to FMCSA a reduction in fees for the 2023 UCR year. Rulemaking is expected to commence shortly. The UCR Board of Directors advises the 2020 Fee collection will cease on Sept. 30, 2021. Non-compliance is determined through roadside inspection & in-office audits by your base state.
UCR fees are based on the total number of vehicles operated by a carrier. Trailers are not counted as vehicles. The number of commercial motor vehicles for purposes of determining carrier UCR fees is the number of self-propelled commercial motor vehicles the carrier reported in the most recent Form MCS-150 filed with the FMCSA.
Entities not required to register under the UCR program include: USDOT registrants (usually owner-operators that do not have interstate authority) under the PRISM program; Purely intrastate carriers, that is, those that do not engage in interstate transportation across state lines or otherwise operate in interstate commerce.
In the event you opt to participate in the automatic UCR SafeRenew renewal program, you understand and agree that UCRAuthority.com will file your UCR as your appointed agent until you cancel; you may cancel the upcoming renewal on or before September 30 by writing to support@UCRAuthority.com. If you are still in our SafeRenew database as of October 1st, you will be charged for the renewal. If you enrolled in SafeRenew starting the 2022UCR year, you will be credited $25 on your 2023 UCR filing. You will not be able to cancel until the following year (before September 30). If you submit an order directing us to automatically renew you as your agent, your credit card will be automatically charged with notice on or after October 1st in accordance with the "Restore Online Shoppers' Confidence Act'' ("ROSCA"). You agree you are giving your "express informed consent" by selecting yes from the drop down box and clicking the green check out button. You are then placing your original UCR order and the automatic renewal order at the same time and are expressing your desire to order the original UCR and the renewal UCRs when you affirmatively click the green check out button. You further agree you are duly informed in accordance with ROSCA. Alternatively, you may choose to order a UCR filing for one year by choosing "No, thank you" from the SafeRenew drop down box menu.
Once you submit your order there are NO REFUNDS or CANCELLATIONS, unless a fee change requires we issue you a credit for overpayment. Credits for any overpayment expire one year from the date of issuance. In the event you opt to participate in the automatic UCR SafeRenew renewal program, you understand that you may cancel the upcoming annual renewal on or before September 30 (i.e. you may cancel 2023 registration by emailing us on or before September 30, 2022) by writing to support@UCRauthority.com. Any carrier still in our SafeRenew database as of October 1st, will be charged for the renewal and cannot cancel until the following year.
Biometric Finger Printing
What Is Biometric Identification?
Biometric identification is the technology and practice of using biometrics to identify users attempting to access protected systems. Using physical characteristics like fingerprints, facial scans, or unique handwriting styles, a physical system can compare scanned features against a stored digital identity to determine if a user is who they say they are.
Biometrics play a significant role in authentication because they are typically solid and immutable proofs of identity. More specifically, they fit well as a factor in Multi-Factor Authentication (MFA) authentication schemes, which include the following:
Something the user has: The user typically has a physical object, including scanned badges, documents, or digital tokens in removable media (a USB token)
Something the user knows: A private piece of information, like a password or PIN
Where the user is: Location information provided by the user or a GPS signal
Something the user accesses: An email account or phone that can receive temporary security codes or run authenticator apps
Something the user is: Physical information (fingerprints, facial scans)
Biometric ID falls under an umbrella term of “biometric verification,” which includes the following:
Biometric Identification: Searching and comparing a user against an enrollment database of identities
Biometric Verification: Comparing user-submitted biometric information against the database information to verify identity
Biometrics are a potent form of identification and verification because they are difficult, if not impossible, to fake without an extraordinary amount of work. Currently, there have been some demonstrated possibilities for breaching fingerprint authentication systems with a combination of software and fingerprint models. Still, as of 2021, most hackers will target traditional forms of non-biometric authentication (like passwords or PINs) through phishing techniques.
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A Notary Public is an officer of the law who holds an internationally recognised public office. The duty and function of a Notary is to prepare, attest, authenticate and certify deeds and other documents intended for use anywhere in the world. These documents can be both for individuals or private companies.
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What Is a Business Consultant? Business consultants serve as professional advisors to help companies achieve their goals or streamline operations in a particular area of the business, such as sales, IT, finance, marketing, supply chain management, HR, operations, engineering, and security.
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